Clayman Family Foundation Inc
- Assets
- $703.4k
- Revenue
- -$2.0k
- Investments
- $669.8k
- Employees
- 0
- Location
- Canfield, OH
- Founding
- 02/1992
- Data as of
- 06/2024
- EIN
- 34-1685923
Organization Overview
Clayman Family Foundation Inc is located in Canfield, OH. The organization was established in 1992. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clayman Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Clayman Family Foundation Inc generated -$2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (49.6%) each year. All expenses for the organization totaled $138.5k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Clayman Family Foundation Inc has awarded 60 individual grants totaling $534,332. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel A Clayman President | 1 | $0 | |
Gary A Clayman Vice President | 1 | $0 | |
Michael S Clayman Vice President | 1 | $0 | |
Joel A Clayman Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,162 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$20,133 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$1,971 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $23 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $10,974 |
| Contributions, gifts, grants paid | $127,568 |
| Total expenses and disbursements | $138,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,696 |
| Savings and temporary cash investments | $14,955 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $153,446 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $703,444 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Clayman Family Foundation Inc has awarded $127,568 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ARIANA DELUCA PURPOSE: SCHOLARSHIP | $5,000 |
ALLISON CLINE PURPOSE: SCHOLARSHIP | $10,000 |
ANTHONY ELBON PURPOSE: SCHOLARSHIP | $10,000 |
AVALLINA AURILIO PURPOSE: SCHOLARSHIP | $10,000 |
THOMAS ROSSI PURPOSE: SCHOLARSHIP | $5,000 |
BRAD ISABELLA PURPOSE: SCHOLARSHIP | $5,000 |